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Calculations and finance are integral to banking. Spreadsheets provide a way of doing all sorts of calculations and have many specialised functions specifically for finances. There are ones to do with loans and interest rates and repayments and others. Rather than trying to work things out on paper and risk making errors, bankers can use the financial functions in a spreadsheet and its many other facilities in doing their work. It is amongst the most important and useful pieces of software that bankers use.
Wiki User
∙ 11y ago
Wiki User
∙ 6y agoBanks deal in financial data and spreadsheet are designed to deal with numbers and have a lot of specialised financial functions built in. So bankers can use them for a huge range of things, from simple calculations through to things dealing with loans and repayments, currencies, depreciation, statistics and a whole range of other things.
Wiki User
∙ 12y agoFormulas will auto calculate.
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Why does a banker use spreadsheets?
Banker's Use Spreadsheets For Keeping Track Of There Clients Money.
Why might a banker use spreadsheets?
they might use a spreadsheet to see how much people have taken out each time they put money in. dont copy this or else haahahaahahaa
How spreadsheet is helpful to a banker?
Spreadsheets can use formulae to calculate large number, or interest rates much quicker and more accurately than humans can.
Why wouldn't a banker use a spreadsheet?
Most bankers would use them. For those that don't, it could be because they don't know how or they have more specialised software that they use or the area of banking they are involved with would not be using spreadsheets.
What jobs use spreadsheets?
Certain people use spreadsheets in their jobs. Some of these people are:Accountants- they use spreadsheets in their jobs to work out formulas quickly and to keep recordsTeachers- use spreadsheets to keep track of children's progress and... Alot of other jobs involving numbersYou can use spreadsheets in almost any job.
What businesses use spreadsheets?
The most popular businesses that use spreadsheets are Google and Microsoft.
What do teachers use spreadshhets for?
Teachers can use spreadsheets to teach their class about using spreadsheets. But, more likely, teachers use spreadsheets to hold data on their pupils progress in a database form.
3 jobs that use spreadsheets?
Three jobs that use spreadsheets could be: 1) Accountant- they use spreadsheets in their jobs to work out formulars quickly and easily! 2) Teacher- they use spreadsheets to keep track of how well progress childeren in their class are making. 3) Tax Payer- they use spreadsheets to calcutlate tax and create a chart for that information. Hope that helps!
Why do builders use spreadsheets?
builders use spreadsheets for keeping track on how much people pay for the building work
What application software do you use for spreadsheets?
The Microsoft Excel program is a common program for spreadsheets.
Do social workers use spreadsheets?
Yes, many social workers would use spreadsheets for keeping data on their work.
Do acountants use spreadsheets?
Yes
